New futuristic development masterplan of Palm Jebel Ali has been approved by Ruler of Dubai

The new futuristic development masterplan of Palm Jebel Ali has been approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved. Part of the Dubai 2040 Urban Master Plan, Palm Jebel Ali is one of a series of visionary projects being undertaken by world-leading Dubai-based real estate master developer Nakheel.

The masterplan was approved in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, and H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai.

His Majesty According to Sheikh Mohammed bin Rashid, Dubai will continue to lead the way in lifestyle innovation and delivery, further solidifying its position as the world's top city for living, working, and travelling. "We have high hopes for the future and are sure that we can make our expansive development vision a reality. The construction of Palm Jebel Ali will improve our city's infrastructure and solidify its rise as a major global metropolis. Our strategic development strategy, which is focused on improving the quality of life and happiness of inhabitants, is reflected in this brand-new, ground-breaking project.

H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, as well as Mohammed Ibrahim Al Shaibani, Director-General of His Highness The Ruler's Court of Dubai and Managing Director of the Investment Corporation of Dubai, were also present during the approval of the new masterplan.

The goal of the Dubai Economic Agenda D33 is to solidify Dubai's position as one of the top cities in the world for business and tourism. Palm Jebel Ali will raise the bar for waterfront living globally and provide an exceptional breadth of luxury lifestyle amenities for residents, families, and visitors. The initiative also heralds the start of a new economic corridor in the Jebel Ali region, highlighting the emirate's expansion.

The 13.4 square kilometre Palm Jebel Ali, which will be double the size of Palm Jumeirah, will include a lot of green space and special waterfront experiences. The project would extend Dubai's coastline by over 110 km, allowing for the unsurpassed luxury seaside living of about 35,000 households.

More than 80 hotels and resorts, as well as a variety of entertainment and recreational options, will be located on Palm Jebel Ali, establishing the archipelago as a desirable residential area in the city and boosting Dubai's tourist industry.

According to the Dubai 2040 Urban Master Plan, Palm Jebel Ali will advance the goal of the emirate to provide the best urban infrastructure and amenities, increase beach destinations, promote sustainable development, and ease the growth of the population, which is anticipated to reach 5.8 million by 2040.

With plans to include renewable energy resources into its infrastructure design and a focus on sustainability, Palm Jebel Ali will be virtually entirely self-sufficient in terms of electricity generation once it is finished. Palm Jebel Ali will get up to 30% of its energy needs from renewable sources.